We advised Ventas on its investment-grade debt offering

Davis Polk advised Ventas, Inc. in connection with a SEC-registered debt offering of $500 million aggregate principal amount of 5.625% senior notes due 2034 by Ventas Realty, Limited Partnership, a wholly owned subsidiary of Ventas, Inc. The notes are guaranteed by Ventas, Inc. on a senior unsecured basis.

Ventas is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The company’s growth is fueled by its senior housing communities. Ventas leverages its unmatched operational expertise, data-driven insights from its Ventas Operational Insights platform, extensive relationships and strong financial position to achieve its goal of delivering outsized performance across approximately 1,400 properties. The Ventas portfolio is composed of senior housing communities, outpatient medical buildings, research centers and healthcare facilities in North America and the United Kingdom.

The Davis Polk capital markets team included partner Richard D. Truesdell Jr., counsel Judah Bareli and associates Moses Farzan Nekou, Rachel Jang, Megan P. Phansalkar and Abigail Barney. The tax team included partner Michael Mollerus and associates Yueyu Yang and Caroline Peters. Counsel Leon E. Salkin provided 1940 Act advice. All members of the Davis Polk team are based in the New York office.